Transport for Wales has spent £14.2M on 40 consultants over two years at it rolls out its Metro project, but only six firms were registered in Wales, according to an investigation by Welsh Conservatives. The two-year spending spree included HR advice, management and IT assistance and the Tories say the initial £5 billion project is spiralling out of control and overdue. Commenting on the … [Read more...]
Censure over Circuit of Wales spending
Wales Audit Office said there were "significant shortcomings" in the way £9.3 Million of taxpayers' money was spent on plans for Circuit of Wales at Ebbw Vale. Funding was based on a "flawed" appraisal by Welsh Government said the public finance watchdog. Welsh Government said it was “disappointed” by the report as it considers whether to underwrite over £200 Million of investment to create … [Read more...]
Welsh motor sport under EU insurance threat
The future of Wales Rally GB and Circuit of Wales are unexpectedly under threat from a controversial ruling by a European Court. In future, both might have to pay enormous comprehensive public protection insurance premiums and see any competitors’ accidents reported to police as if they happened on public roads. Off-road rallies, grass-track, trials and other forms of two or four wheeled … [Read more...]
Sportslines
Circuit of Wales are right holders to the British MotoGP event and have offered cut price “early-bird” tickets for next year’s three day race festival at Silverstone. The Welsh track will not be ready to host the series on August Bank Holiday Monday so have again contracted the event to Silverstone. Michelin has signed a new agreement to extend its commitment to the FIA World Rally … [Read more...]
Welsh Government statement on Circuit of Wales
Revised investment plans for the proposed Circuit of Wales were yesterday rejected for a second time by the Welsh Government. Ken Skates AM, Cabinet Secretary for Economy and Infrastructure said in a statement to the Senedd and media yesterday afternoon, "I would like to update Members on progress with the Circuit of Wales project following a meeting I had earlier today with Michael Carrick, … [Read more...]